EBK BUSINESS IN ACTION
9th Edition
ISBN: 9780135198117
Author: BOVEE
Publisher: PEARSON
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Question
Chapter 10, Problem 3CTQ
Summary Introduction
Case summary:
The college graduates founded Company B in 1991 President M guides the strategic direction and evaluating the workforce. The main important uniqueness of Company B is to compare to other technology-driven companies is the longevity of the workforce. The company always ensures to give respect for the employees and the people get motivated and put the company best from them. A strong sense of community is one of the major stickiness factors to stay in the company or hold the employees for long.
The company always offers a platform for development both professionally and personally and it gives importance for rewards for the talent and dedication without considering how employees are started. Growth is also encouraged with a full slate of learning opportunities. Due to the good approach of the company towards employees they can win a good position in the majority of employees’.
To discuss: In what manner a company that is not in a “fun” industry use the motivational technique that Company B applies.
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Students have asked these similar questions
Sam's Pet Hotel operates 51 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $13.00 per bag.
The following information is available about these bags:
> Demand 70 bags/week
> Order cost $58.00/order
> Annual holding cost 30 percent of cost
> Desired cycle-service level = 80 percent
>Lead time 4 weeks (24 working days)
> Standard deviation of weekly demand = 15 bags
> Current on-hand inventory is 320 bags, with no open orders or backorders.
a. Suppose that the weekly demand forecast of 70 bags is incorrect and actual demand averages only 45 bags per week. How much higher will total
costs be, owing to the distorted EOQ caused by this forecast error?
The costs will be $ higher owing to the error in EOQ. (Enter your response rounded to two decimal places.)
a. The average aggregate inventory value of the product if Ruby-Star used vendor 1 exclusively is
$enter your response here. (Enter your response as a whole
number.)
b. The aggregate inventory value of the product if Ruby-Star used vendor 2 exclusively is shown below.
c. How would your analysis change if average weekly demand increased to 160 units per week? The aggregate inventory values are shown below.
a. What order quantity should be used? lures. (Enter your response rounded to the nearest whole number.)
b. What reorder point should be used? (Enter your response rounded to the nearest whole number.)
c. What is the total annual cost for this inventory system? (Enter your response rounded to two decimal places)
Chapter 10 Solutions
EBK BUSINESS IN ACTION
Ch. 10.1 - Prob. 1CTCh. 10.1 - Prob. 2CTCh. 10.1 - Prob. 1IYBCh. 10.1 - Prob. 2IYBCh. 10.2 - Prob. 1CTCh. 10.2 - Prob. 2CTCh. 10.2 - Prob. 1IYBCh. 10.2 - Prob. 2IYBCh. 10.3 - Prob. 1CTCh. 10.3 - Prob. 2CT
Ch. 10.3 - Prob. 1IYBCh. 10.3 - Prob. 2IYBCh. 10.4 - Prob. 1CTCh. 10.4 - Prob. 2CTCh. 10.4 - Prob. 1IYBCh. 10.4 - Prob. 2IYBCh. 10.5 - Prob. 1CTCh. 10.5 - Prob. 2CTCh. 10.5 - Prob. 1IYBCh. 10.5 - Prob. 2IYBCh. 10.6 - Prob. 1CTCh. 10.6 - Prob. 2CTCh. 10.6 - Prob. 1IYBCh. 10.6 - Prob. 2IYBCh. 10.7 - Prob. 1CTCh. 10.7 - Prob. 2CTCh. 10.7 - Prob. 1IYBCh. 10.7 - Prob. 2IYBCh. 10 - Prob. 1CTQCh. 10 - Prob. 2CTQCh. 10 - Prob. 3CTQCh. 10 - Prob. 4QRCh. 10 - Prob. 5QRCh. 10 - Prob. 6QRCh. 10 - Prob. 7QRCh. 10 - Prob. 8QRCh. 10 - Prob. 9QRCh. 10 - Prob. 10QACh. 10 - Prob. 11QACh. 10 - Prob. 12QACh. 10 - Prob. 13QACh. 10 - Prob. 14QACh. 10 - Prob. 15QACh. 10 - Prob. 16QACh. 10 - Prob. 17QACh. 10 - Prob. 18QACh. 10 - Prob. 19QAPCh. 10 - Prob. 20QAPCh. 10 - Prob. 21QAPCh. 10 - Prob. 22QAPCh. 10 - Prob. 23QAPCh. 10 - Prob. 1DCOCh. 10 - Prob. 1IBTCh. 10 - Prob. 1REDCh. 10 - Prob. 1SCSCh. 10 - Prob. 1DRS
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